Finance Articles

Sutherland Global Services Names Leader of Banking, Financial Services & Insurance Markets

Rochester, NY (PRWEB) July 16, 2007 -? Sutherland Global Services (http://www.suth.com/), a leading multi-national Business Process Outsourcing (BPO) provider, today announced that Vik Renjen has joined the company as Senior Vice President and Head of Banking, Financial Services and Insurance (BFSI). Renjen will expand and manage Sutherland?s multi-national BFSI team including sales, business development, account management and service delivery at a global level.

?Sutherland is the most understated success story in the Business Process Outsourcing industry. One of my key priorities is to harness the inherent deep domain knowledge across our multiple geographies and provide meaningful business value to our clients and partners within the banking, financial services and insurance industries,? commented Renjen. ?Sutherland is value-driven, client-centric company with a distinct business model offering fully integrated solutions, not just services, which help clients enhance profitability by focusing on the needs of their consumers and enhancing the services they can offer to end users.?

Renjen joins Sutherland from AIG where he was a Senior Executive responsible for formulating and executing the global sourcing strategy. Renjen?s prior positions include eight years at Prudential, starting in Healthcare and Relocation then moving to the Mortgage Capital entity where he was Senior Vice President of Global Operations. He also served as a Vice President for Chase Manhattan Bank for seven years in various operations and systems roles with incremental responsibility.

Dilip R. Vellodi, Chairman and CEO of Sutherland Global Services stated, ?Banking, Financial Services and Insurance represent a significant market opportunity for Sutherland, particularly for back office lifecycle management services. Vik is a strong addition to the leadership team and will be a vital force in tapping into the BFSI marketplace. He brings a distinctive perspective stemming from his strong process reengineering background and knowledge of global sourcing from a Fortune 50 BFSI user standpoint.?

Renjen earned an MBA from American University in Washington DC, and holds a BA in Economics from Delhi University, New Delhi. He is based in the New York City area.

About Sutherland Global Services

Sutherland Global Services is a multinational IT Enabled and Business Process Outsourcing (BPO) company, specializing in Customer Management and Back-office services for Global 1000 clients. Having started operations in 1986 in Rochester, New York, Sutherland now employs over 17,500 professionals offering Right-shored, blended services from its 18 delivery centers in India, the United States, Philippines, Canada, and Mexico. By integrating highly trained people with state-of-the-art technology and proven business methodologies, Sutherland collaborates with clients to help them excel in their industry and maximize their customer lifetime value. For more information, please visit www.suth.com.

For more information, contact:

Michele Sadwick, Sutherland Global Services

585-586-5757 x6093

michele_sadwick @ suth.com

###

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